Both of these developments stem from a lawsuit that ParkerVision filed against Qualcomm on July 20, 2011, in the U.S. District Court for the Middle District of Florida. ParkerVision brought this action because Qualcomm's past and current chipset products infringe several ParkerVision patents related to radio-frequency receivers and the down-conversion of electromagnetic signals, which represent a body of intellectual property that ParkerVision pioneered for creating direct conversion receivers.
ParkerVision's lawsuit seeks monetary damages from Qualcomm as well as a permanent injunction barring the manufacture and sale of Qualcomm's infringing devices. Additionally, the complaint accuses Qualcomm of willfully infringing and seeks an award of exemplary damages, attorneys' fees and related court costs.
More information on the case can be found on the ParkerVision website at http://www.parkervision.com/public_relations/patent_litigation.php.
About ParkerVision Inc.ParkerVision, Inc. designs, develops and markets its proprietary RF technologies, which enable advanced wireless communications for current and next generation mobile communications networks. The company's award-winning IP portfolio includes 188 domestic and international patents. Its solutions for wireless transfer of radio frequency (RF) waveforms enable significant advancements in wireless products, addressing the needs of the cellular industry for efficient use of power, reduced cost and size, greater design simplicity and enhanced performance in mobile handsets as the industry migrates to next generation networks. ParkerVision is headquartered in Jacksonville, Fla. For more information, please visit http://www.parkervision.com. Safe Harbor Statement This press release contains forward-looking information. Readers are cautioned not to place undue reliance on any such forward-looking statements, each of which speaks only as of the date made. Such statements are subject to certain risks and uncertainties which are disclosed in the Company's SEC reports, including the Form 10K for the year ended December 31, 2010 and the Forms 10Q for the quarters ended March 31, June 30, and Sept. 30, 2011. These risks and uncertainties could cause actual results to differ materially from those currently anticipated or projected. For more information, contact Robert Tharp at 800-559-4534 or Robert@androvett.com . For investor relations, contact Ron Stabiner at 212-888-4848 or firstname.lastname@example.org . SOURCE ParkerVision, Inc.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV